After reporting a notable increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of June.
NAR said existing home sales tumbled by 1.7 percent to annual rate of 5.27 million in June after soaring by 2.9 percent to an upwardly revised rate of 5.36 million in May.
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